RE:RE:RE:Nuclear OptionActually, private equity would likely be very comfortable with the lawsuit simply because, as part of their due dilligence, they would have a competent law firm give an opinion on its merits or lack thereof.
Private equity likes situations in which ordinary shareholders do not recognize the value of their shares or of the business. Buying shares which are potentially worth $1.00 for, say, $0.14 is what makes private equity its money.